By: Scott Redler
With the problems in the Euro Zone regarding Greece, the European banks have taken a hit. The announcement over the weekend that an aid package has been agreed upon for Greece should boost these bank stocks. The Trades for Thought play of the day this morning was IRE, and the trade triggered this morning with good volume. We got the initial thrust, but if you missed it, there is still a chance to enter for the more macro move up to 10.75 and even 14 in the longer-term.
